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January 31, 2023
Subscribe to Mining Memo
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| Price |
$23,179 |
▲0.1% |
| Hashrate |
296 EH/s |
▲1% |
| Difficulty |
39.35 T |
▲4% |
| Revenue* |
$0.074 |
▼5.1% |
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From Bars To Bitcoin tells the story of Justin Rhedrick, a former convict turned Bitcoin entrepreneur, who is on-boarding the global Black community to Bitcoin.
Watch the
video here
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Mining News Feed
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Decrypt / New Deal With NYDIG and B. Riley Cuts Bitcoin Miner Greenidge's Debt by $61M
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Bloomberg / BlockFi Approved to Set up Auction for Crypto Mining Business
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CoinDesk / BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
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| OP_Return, a function in Bitcoin allowing for the storage of very limited amounts of arbitrary data, is increasingly being used by NFT collectors through a scheme called "Ordinals." As such, the amount of OP_Return data has begun to increase again since December 2022. |
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Today we are joined by Greg Beard, CEO of Stronghold Digital Mining. Greg and I discuss Stronghold’s use of waste coal to clean up Pennsylvania and mine Bitcoin, how Bitcoin mining incentives land reclamation and the mining economics of vertical
integration.
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Watch on YouTube here.
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| Digihost |
8.38% |
$1.79 |
$4.65 |
| Core Scientific |
7.95% |
$0.36 |
$11.49 |
| Bitfarms |
6.13% |
$1.10 |
$4.62 |
| Canaan |
4.58% |
$3.50 |
$6.90 |
| Mawson |
4.14% |
$0.48 |
$6.22 |
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*As of Tuesday, January 31
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